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501  Economy / Economics / Re: Is small business ready to sell for cryptocurrency? on: January 30, 2019, 05:10:29 PM
According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
Not only Bitcoin. This is the drawback of the whole cryptocurrency environment. Although once the price of cryptos will be more or less stable, small businesses an importers can benefit from it. Especially as speaking of the tourist-oriented sector. 
502  Bitcoin / Press / Re: [2019-01-29]Samsung Pay could include crypto currency wallet on Galaxy S10 on: January 30, 2019, 03:50:47 PM
Why would such a big company like Samsung focus on such a small market like the crypto enthusiasts market?
The costs ot implementation/risk/profit ratio isn't good.What crypto are they going to implement?BTC,ETH,ripple?Are they going to create samsungcoin? Grin
If true, Samsung will be doing an exceptional job securing a first mover advantage.

Another thing is that Samsung Pay can't compete with other payment services, regardless of what they are doing, so crypto might help them gain more market share on that front as well.

In other words, it's a win win for Samsung since there isn't much to lose. It's either do nothing and lose market share, or be innovative and potentially make yourself relevant again. Easy option if you think about it....

And free marketing campaign as well for both. Not to mention the fact, that it could be a thing which most of the smartphones miss nowadays - real innovations. Of course, Samsung would not be the first one to implement the function, but as Apple does, make someone's innovation mainstream.
503  Local / Polski / Re: Co sądzicie o kryptowalutach prywatnych? on: January 28, 2019, 07:03:03 PM
Czy zapewniają wolność i swobodę dla użytkowników? Tak.
Czy ktoś o złej woli może je wykorzystywać jako formę płatności? Owszem.
Czy władze chcą śledzić transakcje? Owszem. Już to robią z transakcjami walut tradycyjnych. Ba, mamy tendencję do tego, by wycofywać płatności gotówką, bo jest je ciężej wytropić niż płatność kartą czy przelewem. Tłumaczenie oficjalne - gdyż istnieje ryzyko finansowania terroryzmu w sposób niewykrywalny.

Dlatego też, w ramach wprowadzania regulacji dotyczących kryptowalut władze generalnie będą starały się sukcesywnie zwalczać prywatne krypto.
W Japonii na ten przykład od czasu wprowadzenia obowiązkowych licencji dla kantorów kryptowalut już jest wymagane, by nie było w ofercie kantoru prywatnych krypto. 
504  Alternate cryptocurrencies / Altcoin Discussion / Re: I wanted to know if there is a hodler right here? on: January 28, 2019, 06:19:53 PM
Hodling means that you do not only store your cryptocurrency but as well use it and promote it.
Those who just keep the crypto for the purpose of making money out of it are simply investors.
And the lower the trading volume, the easier it is for each cryptocurrency to be subject to the pump and dump, what is even more harmful to cryptocurrencies in general.
505  Economy / Speculation / Re: Bitcoin prices are destroyed, everyone is disappointed on: January 28, 2019, 06:10:11 PM
It is undeniable that disappointment is felt by crypto holders, but don't be too disappointed because it will take you to the door of loss. Friend, strengthen your heart to go through this bad condition, because there is still hope the market can recover again.
At some cycles price of BTC had been going down by 90% from the peak price. We are still away from that level.
506  Bitcoin / Bitcoin Discussion / Re: What happened to all of the anonymity exchanges? on: January 28, 2019, 03:59:38 PM
I think that sooner or later most of the exchanges will become centralized, as KYC will be more and more present. Only a few exchanges do not require today KYC, bit honestly, I wouldn't keep important funds on them due to security issues they might face.

Why would you even keep any funds on an exchange? That's bonkers! Seriously, if you're keeping your coins on an exchange, it's best to withdraw them as soon as possible to a wallet you trust. If you can't afford a hardware wallet, storing your keys on an encrypted USB stick would work almost as well. If you need some for spending, just put a small amount on a hot wallet, of which there are many out there.

That's what cryptocurrency exchanges recommend to do.
And full KYC is already required for cryptocurrency exchanges which allow, just like Linkkoin, to buy cryptos with Visa/Mastercard. This is a requirement imposed upon us.
507  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOs false marketing is destructive. ICOs must provide real & honest values on: January 21, 2019, 01:19:00 PM
This false marketing of shady ICOs was one of the reasons, why companies such as Alphabet (owner of google) introduced a ban on cryptocurrencies advertising in general.
508  Economy / Economics / Re: Cryptocurrency - future? on: January 21, 2019, 01:14:21 PM
Cryptocurrencies with their blockchain, as well as many wallets will benefit from quantum computing. As well, blockchain will be as common as the internet is today. Used literally everywhere for almost all types of data processing. Or even validating the voting results.

Next thing will be the clear division of cryptocurrencies in those which are just a tool for some function - with a stable price, those for pure speculation etc.
509  Economy / Economics / Re: Who is really hopeful about the future of Bitcoin and why? on: January 21, 2019, 01:05:56 PM
Economy and history show us, that each thing you can trade, including Bitcoin, is subject to cycles of trends. After uptrends we always see downtrends. If we check previous cycles of BTC, it has survived much worse drops. Each time, HODLing was proven to be an effective and profitable strategy.
510  Economy / Economics / Re: Can Bitcoin even work in our current system? on: January 21, 2019, 12:51:13 PM
Bitcoin and the technolgy behind the first cryptocurrency can fully work well with the current system of financial transactions except for the fact that fiat money must still be there. Why is that so? Because there are transactions that bitcoin is not suitable than fiat money. That is the reason they can coexist with each other.
Although right now Bitcoin is LEAST volatile in more than a year period, the volatility of it is still problematic for being used as a real currency. When you are operating a business, in many cases your contractual relations require you to sign a contract for whole next year, or even 2-3 of them, with prices which are usually fixed for that period. This is where on this time Bitcoin cannot work properly yet.
511  Economy / Economics / Re: Bitcoin need a miracle on: January 21, 2019, 12:38:18 PM
If you follow the cycles of Bitcoin price, you can see the pattern repeating over and over again. What we need are patience and international regulatory standards for cryptocurrencies. At this moment in many parts of the world whole cryptocurrency environment operates in a legal vacuum or the licenses are not recognized abroad, what is discouraging many potential investors from putting their money into Bitcoin.
512  Economy / Economics / Re: US academics say their shardy blockchain will be 10X faster than Visa on: January 21, 2019, 12:24:01 PM
For years most of the cryptocurrency developers claim their coins/tokens will replace Bitcoin.
So far none did and it cannot be foreseeable. Although already we have many cryptocurrencies which beat BTC in many fields:
- the speed and price of transfers (XRP)
- functionality (ETH)
- privacy (XMR)
- level of protection (QRL, claiming to be quantum-hack resistant)

Yet none of the replaced BTC and will be unlikely to do so, because even most ground-breaking solutions simply cannot replace the reputation of Bitcoin. When you say cryptocurrency, most of the people first think of Bitcoin.
And as well, many of the solutions from different blockchains can be implemented in the future forks of BTC, as it is not a revolution, but evolution now.
513  Economy / Economics / Re: More Countries Continue To Show Support For Blockchain Technology on: January 21, 2019, 12:09:36 PM
The blockchain is a milestone in technological progress. As important to mankind as an invention of the first aeroplane.
514  Bitcoin / Bitcoin Discussion / Re: bitcoin the survival of the fittest on: January 21, 2019, 12:04:02 PM
Why not buy it?
To sell at the moment is pointless, the price is too low for this, besides, it has not risen yet.
Collecting - well, you can consider this option as one of the synonyms of "long-term investment."
It seems to me that if you buy Bitcoin now, it won't be any worse! The price is now at a minimum, it will not go lower. Most likely, the price will go higher. In this case, you make a profit.

HODLing had proven to work several times by now. The only difference is that each bottom to peak cycle is longer than the previous one. The previous bear market lasted for almost 2 years. So then it is reasonable to expect that we still have time to buy BTC with low price. Excellent condition if you cannot afford to buy Bitcoin online even with small transactions like for $50-100 each paycheck.
515  Alternate cryptocurrencies / Altcoin Discussion / Re: 10 year Challenge Bitcoin and Cryptocurrency on: January 18, 2019, 02:30:07 PM
most likely in 10 years, there will be only the Bitcoin and the photos of the other cryptocurrencies will be empty. After 10 years all other currencies will simply not be needed.
More like we will have clear division between investment cryptocurrencies like Bitcoin and those which are really working as digital currencies. But in 10 years for sure most of the cryptocurrencies with their blockchains will use some aspects of protection from quantum computer hacks.
516  Bitcoin / Bitcoin Discussion / Re: Let's kick some bear ass on January 30th! on: January 18, 2019, 02:16:33 PM
This is technically doable under one condition - whales would need to be willing to do so. Right now the market is definitely in stage "buy low", and prices are very stable for the last couple of days.
517  Bitcoin / Bitcoin Discussion / Re: Bitcoin still involves too much to deceptive behavior! on: January 17, 2019, 03:51:32 PM
Please remember that media love to play on emotions. In 2017 they boosted the hype to harmful levels, which deceived many people who bought BTC near the peak. Then in 2018, they started to declare BTC as dead, what strongly contributed to the panic on the market and as well - the ban on cryptocurrency advertising, which is harmful to whole cryptocurrency and blockchain community.

And if you check some news, in 3 (or even less) days on the same website you will be able to see that they post mutually excluding predictions. This is why we should be sceptical, and avoid purchasing cryptocurrencies only because some whale stated that price of Bitcoin will reach $100 000 in 3 months.
518  Bitcoin / Bitcoin Discussion / Re: Fake movie file infects Windows and steals or tricks bitcoin users on: January 17, 2019, 03:33:21 PM
This is why you should never ever deal with files from unreliable sources or visit strange websites.
As well using hardware wallets is a reasonable thing to do.
519  Economy / Speculation / Re: Whales and their influence on: January 16, 2019, 05:37:59 PM
current whales are going to lose their power if/when institutions get in the game. bakkt/ice is going to be a game changer if it works. whales right now can manipulate retail investors with ease. I often think of whales as being the big bully in grade school, but when they go to high school(wall street) there are many other bullies that are as big or bigger than them. so the playing field gets evened out. its just a matter of time.



The smaller the market, the more influence and less risk of whales have. Yet unless we have some global regulation standard, many institutions will either opt out or even make problems for you as retail.
520  Economy / Trading Discussion / Re: Are you following your gut instinct in trading? on: January 16, 2019, 05:32:13 PM
We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading.  However. I think about 80% of traders don't know how to hear the voice of their instinct during trading!  Can one get this gut instinct training like others investments tools?  Is it even truth that we have something like gut instinct?
There are quite a number of investors who have been very successful thanks to investing in the way they listen to their own voices. But to get an accurate voice, you need to have a high level of expertise and a lot of reasoning about the business you're about to invest. That word, inside you can create a voice and it will be quite accurate. We always need to cultivate knowledge to succeed.
We should bear in mind as well, that trading cryptocurrencies, due to trading volume has another factor - thinking what whales are about to do right now if we are speaking of short term trades. In the last 10 days we could see a number of attempts of BTC to make a strong move, all of them failed.
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